Source: The Business Journals: Greensboro/Winston-Salem/High Point

Progress: Firm lays off 200 in Raleigh following acquisition

The layoffs come after the longtime Raleigh software company was acquired for $875 million.

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Followers on Owler

2,844

Annual Revenue

$500M-1.0B

Employees

1.0-5.0K

President & CEO

Yogesh Gupta

CEO Approval Rating

82/100

Progress is a Massachusetts-based SaaS platform that provides solutions including digital experience, IT infrastructure and application performance monitoring for businesses.